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LAB Financials STANDARD BIOTOOLS INC.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 9.2% per year over the past 5 years.
  • Operating margin has contracted, at -129.2% in the latest year.

Financial health

  • Total debt has grown slower than revenue (-93.2% vs -9.2% per year).
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.5 years of cash runway.
Revenue & net income
-$190M -$26M $138M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-194% -69% 56% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-196% 19% 233% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$152M -$76M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $98M $195M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$178M $92M $363M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $85M -$75M 49.9% -129.2% -17.7% -13.2% -$83M — $121M
2024 $91M -$139M 49.3% -140.1% -29.4% -22.7% -$152M $299000 $167M
2023 $106M -$75M 47.4% -72.0% 50.4% -23.1% -$46M $64M $52M
2022 $98M -$190M 37.8% -118.6% 233.3% -48.7% -$93M $65M $81M
2021 $131M -$59M 0.0% -51.7% -62.6% -21.5% -$57M — $28M
2020 $138M -$53M 0.0% -36.9% -38.1% -16.3% -$28M — $69M
2019 $117M -$65M 54.8% -44.2% -42.2% -24.5% -$38M — $22M
2018 $113M -$59M 54.6% -42.6% -81.8% -19.4% -$26M — $95M
2017 $102M -$61M 51.0% -57.3% -195.7% -21.1% -$26M $195M $58M
2016 $104M -$76M 55.9% -70.1% -142.7% -24.8% -$44M — $35M
2015 — -$53M — — -46.4% -14.4% -$39M — $29M
2014 — -$53M — — -35.1% -13.0% -$30M — $34M
2013 — -$17M — — -17.1% -14.1% -$5M — $35M
2012 — -$19M — — -18.9% -16.7% -$20M $0 $59M
2011 — -$22M — — -39.5% -28.3% -$19M $10M $14M

Valuation over time

How the market has priced LAB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 6.0 12.0 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is LAB growing its revenue and profit?

Over the past 5 years, STANDARD BIOTOOLS INC.'s revenue has declined 9.2% per year. These are computed facts, not advice.

How much debt does LAB have?

As of FY2025, STANDARD BIOTOOLS INC. reported — of total debt against $121M of cash.

What is LAB's profit margin?

In FY2025, gross margin was 49.9%, operating margin -129.2%, and net margin -87.8%.

What is LAB's P/E ratio?

STANDARD BIOTOOLS INC.'s P/E (TTM) is 2.81 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the LAB stock page. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.